[ad_2][ad_1] Since its inception, bitcoin has been dubbed “digital gold” as it is as durable, fungible, divisible and scarce as the precious metal. However, while gold has a solid track record of rallies in times of stress in global equity markets, bitcoin has yet to build a similar reputation as …
Read More »Bitcoin has zero correlation with gold or shares, no effect of global turbulence on Crypto Market says eToro analyst
[ad_2][ad_1] Dropping more than 81% from its ATH, Bitcoin is currently trading at $ 3,638 EToro analyst, says Mati Greenspan, no correlation between bitcoins and gold, USD and the stock market this year Meanwhile, the United States government. arrest to do more damage to its economy while the Chinese central …
Read More »10 of the 15 major cryptographic assets show a price correlation of over 64%
[ad_2][ad_1] Markets and prices The downward trend of 2018 has led to an increase in the correlation between the major cryptocurrency markets, with recent research indicating that 10 of the 15 major cryptographic assets by market capitalization show a price correlation of over 64%. Furthermore, five pairs of cryptocurrencies show …
Read More »The volume of XRP exchanges and the volume of tweets have a stronger correlation than the trading on BTC and ETH and the news on the increase in volumes Tweet today
[ad_2][ad_1] If you followed the cryptocurrency community, you would know that the XRP army is one of the busiest online. Every day, they recover large volumes of tweets on Twitter. The statistics revealed that the tweet volume of the XRP community is closely related to the volume of XRP exchanges. …
Read More »New TheBlock report suggests the correlation between cryptocurrency prices increased in 2018
[ad_2][ad_1] A new report published by The Block shows that virtual currencies have been strongly correlated in 2018. In general, when an investor enters the virtual currency market, experts recommend having a more diversified portfolio. But this could be more complicated in the virtual currency market. As soon as the …
Read More »The volume of XRP tweets has a stronger correlation with the volume of exchanges than Bitcoin [BTC] or Ethereum [ETH]
[ad_1] The XRP community is one of the most active and passionate crypto-communities in space and, according to "The Tie" data, the XRP Tweet volume is directly related to the XRP Trade volume. Furthermore, XRP has the strongest correlation to the dominant cryptocurrency, Bitcoin or Ethereum. The tie tweeted: "An …
Read More »litecoin [LTC/USD] Technical analysis: positive correlation to achieve long-term bullish targets
[ad_2][ad_1] Like Litecoin [LTC] continues to change between the seventh and eighth position, is currently showing a healthy run. At the time of reporting, the currency was up 0.35% when it was trading at a fair price of $ 32.2 with a market capitalization of $ 1.92 billion. Here, total …
Read More »New Report Shows Bitcoin (10 Years) and Gold (1,000s of Years) Share Strong Market Correlation
[ad_2][ad_1] In general, Bitcoin (BTC) has always been considered as a non-correlated asset in the market. Did not follow that. However, in a recent report shared by The Wall Street Journal (WSJ) Bitcoin is becoming more correlated to assets such as Gold. In order to understand this shift in Bitcoin's …
Read More »The new Wall Street Journal report shows that Bitcoin has a strong correlation with the gold market
[ad_2][ad_1] It seems that Bitcoin (BTC) has a stronger correlation with the gold than previously assumed. According to an article released from The Wall Street Journal (WSJ), Bitcoin had a strong correlation with gold in recent days. As the data of Excalibur Pro Inc. show, Bitcoin had a correlation of …
Read More »An uncertain correlation: the title of Overstock and the price of Bitcoin
[ad_1] At a time when it is difficult to find a correlation between cryptocurrencies and virtually any other asset class, it may surprise you that a fairly public stock is tracing bitcoins. However, this is exactly what appears to be the case of the shares the price of Overstock.com (OSTK) …
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